Things are not looking good in Venezuela. Food is reportedly tough to procure or inflated, and the country’s minimum wage puts people beyond poverty. Recently, individuals have reported the Venezuelan government has taken a strict stance on foreign currencies, including Bitcoin. The Venezuelan government has not released official figures regarding the lack of availability of basic products in the country. A leaked government study, however, has shone light on the question. Alongside scarcity, Venezuelans are enduring the rising cost of food, with the monthly cost of an average Venezuelan family’s basic food needs increasing 19 percent in July, according to […]
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